Company Data

Purpose Multi-Strategy Market Neutral Fund

Ticker
PMM:CA
Current Price
$24.12 -0.99%
Price Target
Refer to Report
Volume
700
52wk Range
$21.34 - $25.03
Advanced Market Data

Overview

The Purpose Multi-Strategy Market Neutral Fund seeks to provide unitholders with positive absolute returns that are not correlated to the broader securities markets. The Fund will utilize a multi-strategy approach by allocating its assets across various asset classes including equities, currencies and commodities. The ETF invests in long and short positions across multiple asset classes, which may include, but are not limited to, equity securities, fixed income securities, commodities and currencies. Positions are chosen based on an analysis of technical trends and fundamental outperformance factors that are tailored to each asset class. The Funds investment strategy is designed to provide market neutral returns that are non correlated to the broader equity and fixed income markets.

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